Vortex Brands Reveals Progress Toward Pilot Program Funding
December 03 2019 - 6:01AM
InvestorsHub NewsWire
Vortex Brands
Reveals Progress Toward Pilot Program
Funding
SACRAMENTO, CA
-- December, 3, 2019 -- InvestorsHub NewsWire -- Vortex
Brands Co. (USOTC:
VTXB) operating under the dba Vortex Green Energy, and Tripac
Systems, a privately held company, are cooperating to commercialize
a national energy service plan that reduces generation requirements
to utilities who implement Phase Angle Synchronization (PAS) within
their service territories. Tripac Systems will supply the equipment
and installation at no cost, meaning no new budget items for the
utility. Vortex Green Energy will undertake the daunting task of
administering and coordinating all aspects of the service
program.
Tripac Systems is
finalizing agreements to secure full funding for the pilot program
in exchange for a manufacturing license. This structure will move
the pilot program forward without debt, and without a dilutive
strain VTXB stock. "Being able to launch this pilot program is
exactly what our supporters have been waiting for and being able to
do so without debt nor a strain on the stock is a great reward for
those supporters," said Todd Higley, CEO of Vortex Brands
Co.
The pilot program will
place multiple PAS systems into real-world environments and produce
conclusive data to prove the energy-saving and generation reduction
capabilities of PAS that will create national and international
demand for this long-awaited solution in the
industry.
Recent articles have helped
to explain the complicated PAS technology in an easy to understand
way, including one written by an engineering student from the
University of California at Davis as an intern for CleanStart.org,
a Sacramento based support group for clean technology startups:
https://cleanstart.org/blog/profile-vortex-green-energy/
Plus, SmallCapVoice.com
recently featured both Vortex Brands CEO Todd Higley, and Bob
Widner of Tripac systems in an audio interview: https://www.smallcapvoice.com/11-13-19-smallcapvoice-interview-with-vortex-brands-co-vtxb/
Further, SmallCapVoice.com
published a great article summarizing the impact PAS technology
will have on improving our electrical grid, especially as it
becomes fully implemented:
https://www.smallcapvoice.com/vortex-brands-optimize-energy-consumption/
About Vortex Brands
Co.
Vortex Brands Co., under
the dba Vortex Green Energy will provide as a service multipurpose
Phase Angle Synchronization (PAS) equipment to electric utilities
nationwide. PAS is a one-of-a-kind technology designed to address a
one-hundred-year-old inherent problem that was thought to be
unsolvable: the inefficient power consumption caused by electric
motors. Improving consumption efficiency will extend the life of
the grid by protecting it from excessive wear and damage, improve
grid reliability by reducing line congestion and increasing reserve
margin, while creating true cost savings for the utility at no cost
for the equipment. Instead, revenue is generated under a
Share-of-Savings business model wherein the utility shares the
savings with Vortex created by the PAS service on a monthly basis.
PAS is designed to address industrial and commercial use
applications in a scalable solution where the majority of wasted
electricity occurs, and the largest opportunity exists. Clients of
the utility benefit from progressing toward carbon footprint
reduction goals without capital expense or investing in any new
equipment. Operations initially are focused in California before
expanding nationwide. For more information visit: http://VortexGreenEnergy.com/video
About
SmallCapVoice.com, Inc.
SmallCapVoice.com, Inc. is
a recognized corporate investor relations firm, with clients
nationwide, known for its ability to help emerging growth
companies, small cap and micro-cap stocks build a following among
retail and institutional investors. SmallCapVoice.com utilizes its
stock newsletter to feature its daily stock picks, podcasts, as
well as its clients' financial news releases. SmallCapVoice.com
also offers individual investors all the tools they need to make
informed decisions about the stocks in which they are interested.
Tools like stock charts, stock alerts, and Company Information
Sheets can assist with investing in stocks that are traded on the
OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and
its services, please visit http://smallcapvoice.com/the-small-cap-daily-small-cap-newsletter/
Socialize with
SmallCapVoice and their clients at;
Facebook: https://www.facebook.com/SmallCapVoice/
Twitter: https://twitter.com/smallcapvoice
Instagram: https://www.instagram.com/smallcapvoice/
Notice Regarding
Forward-Looking Statements in this press release
which are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Actual results could differ from
those projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations, and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be
accurate.
Source: Vortex Brands
Co.
info@vortexbrands.us
Investor
Relations:
Stuart T.
Smith
CEO &
President
SmallCapVoice.Com,
Inc.
P. 512-267-2430
Skype:
SmallCapVoice.com
Twitter:
@smallcapvoice
www.facebook.com/SmallCapVoice
Sign up for the Small Cap
Daily
Company
Contact:
info@vortexbrands.us
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